cuz if they didnt underperform the sp500 those egomaniacs would post there results all over the screen....just losers as as incompetent as cramer...I feel sorry for cnbc victims.Nobody forced them to listen to cnbs but snakeoil salesman also should have no right to peddle their sham on regulated,public airwaves.
HILLARY CLINTON ON JIM CRAMER'S MAD MONEY I could not believe my eyes when I turned on the television today to see Hillary Clinton on the Mad Money television show. Lets see what she had to say: "In response to the sub-prime mortgage crisis, Clinton advocated giving regulatory agencies such as the Securities and Exchange Commission greater enforcement powers." "Clinton also said the Federal Reserve needs additional oversight authority to navigate the "dangerous and choppy" waters of a troubled economy. " http://www.thestreet.com/story/1041...one-with-sen-hillary-clinton.html?puc=btlhome I could not believe that Hillary Clinton was advocating greater enforcement powers on a show where the host demonstrates weekly that there is an obvious need to have himself investigated by the SEC. Jim Cramer sits there in front of interviewers bragging about how he used to manipulate the market at his hedge fund and now he brings on a Presidential candidate talking about greater enforcement powers by the SEC. I cannot make this up. It is so laughable. Now lets take a look at one of Cramers other great calls. Mind you, I can no longer locate this archived piece on CNBC or Cramer's Thestreet.com and had to turn to SeekingAlpha which has righteously saved Cramer's speech for us to review and ponder: http://seekingalpha.com/article/523...ney-in-depth-10-31-07-welcome-to-the-rate-cut "Cramer says investors are âoverthinking this stock marketâ worrying about overvalued names and should just invest in companies that will make them money. "There is a huge wall of money rolling at us courtesy of the Fed and it doesn't pay to over-think it," Cramer said. "In fact it pays to not to over-think it." He reassured investors not to worry about high oil prices and to cash in. Also, alternative energy, infrastructure, fertilizer and China stocks are going higher; "Go buy some Google and Baidu,â Cramer said. "Welcome to rate cut."" Well well well, since Cramers call to buy Bidu, the stock has been cut in half. Hillary? Why oh why did you choose to be on this man's show talking about regulation and enforcement???
I will not sit here and let Jim Cramer off scott-free. Im here to provide more video evidence of just how bad Cramer is...Cramer is hammering the American public and he needs to be taken off the air... WE GOT YOU ON TAPE JIMMY!!! CRAMER SAYS HOUSING HAS BOTTOMED!!! 2006 <object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/f5zAvh-iFfU&hl=en"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/f5zAvh-iFfU&hl=en" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object> CRAMERS SAYS SUBPRIME IS NO BIG DEAL WONT EFFECT THE STOCK MARKET OR ECONOMY!!!! 2007 <object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/BVl9SQ-KVmE&hl=en"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/BVl9SQ-KVmE&hl=en" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object> <object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/uTOUxS0Vj9Q&hl=en"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/uTOUxS0Vj9Q&hl=en" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object>
I found a few letters on the internet that prove Jim makes every attempt to keep the truth about him off the air. Here is the first one:
The way I see it is that post is a waste of time. However, I do respect all opinions here as everyone has the right to express themseleves as they see fit. On to that, my opinion is that the guy does alot of good thru his show by providing to some a beginniner's education to understanding financial markets espec equities. But that being said, when you invest, trade, buy, or short a mkt the ultimate responsiblity is YOURS & no one else's. So, before putting on that position it is up to the individual to decide whether there is merit to doing so and accepting the risk of loss and hopefully a capped loss at that. Cramer provides a forum. It's out job to agree or disagree with his picks and then move from there. Investing is a think for yourself pursuit and not one where someone hold your hand. You guys seem to forget that he is just like any other market participant in that he not impervious to being wrong. Take the good from his show (he is very strong at explaining fundamentals) & try to apply it to your investing/trading. In the end he is just another talking head. So, treat him as such, think for yourself, & you'll be alot better off. Just my 2c. Thanks & my best to all in your investing pursuits.
Umm the thing is, he's wrong A LOT! And especially for someone whose supposed to be a great trader/marker guru. AND ESPECIALLY for someone who gets one the air and screams and shouts at everyone else, calling them stupid, with his dumb little button, that they know nothing. I can reel off a few stocks that he's pumped on his show forever that tanked BIG TIME. And I could go on forever on stocks he's just flat out gotten wrong. Either when saying to sell or buy! Market sectors? Sector bottoms? Mortgage companies? Oh man I could go on. Sorry something very suspicious about his show.
Well if you are so confident that he sucks then fade all of his picks. Keep a diary, and display to the world how much money you made fading his picks. Maybe you will replace him.